712-714 OAKWOOD AVENUE, New Smyrna Beach, FL 32169

  • $965,000.00
  • Address: 712-714 OAKWOOD AVENUE
  • City: NEW SMYRNA BEACH
  • State/county: FL
  • Zip/Postal Code: 32169
  • Area: COOPER SUB

Description

Just steps to the beach, this ideally situated New Smyrna Beach duplex sits only six houses from the ocean, with a public beach walkway located directly at the end of Oakwood. The property has never experienced flooding and is located outside the zone requiring flood insurance, creating rare peace of mind for both owners and investors. This is the true heart of Central Beach, where you can walk or take your golf cart to Flagler Avenue’s restaurants, boutique shopping, nightlife, ice cream shops, convenience retail, Publix, Starbucks, the river, local parks, and every lifestyle amenity that makes this area one of the most desirable coastal destinations in Florida. Both units offer two bedrooms, one bathroom, a comfortable living area, full kitchen, and a dedicated laundry room located outside, just off the rear of each unit. Each side also has its own private outdoor space. This setup is ideal for short-term monthly rentals, seasonal visitors, long-term tenants, or a live-in one side and rent the other configuration. With projected rental income between $45,000 and $65,000 annually, this duplex provides excellent cash flow and consistent demand throughout the year from snowbirds, traveling professionals, and extended-stay guests seeking beach proximity and walkability. Positioned on a larger-than-average 0.23-acre lot, the property is directly adjacent to Detwiler Park, offering tennis courts, a playground, open green space, and shaded areas that create a welcoming community feel. The concrete block construction, metal roof, and coastal-friendly design contribute to durability and low maintenance requirements. The spacious lot size also offers flexibility for enhancements. In addition to its strong income performance, the property holds significant redevelopment potential. The neighboring parcel to the west was transformed from an identical duplex into a luxurious beachside estate, demonstrating what is possible on this block. With proper planning, this property could be elevated in the same fashion to create a premier Central Beach residence while still offering substantial rental capability or multigenerational living options. Very few beachside lots this close to the ocean offer both income stability and long-term estate potential. This location embodies the best of the New Smyrna Beach lifestyle. Enjoy morning walks on the sand, afternoon golf cart trips to local shops, or evenings on Flagler Avenue. Whether you are searching for a high-performing investment property, a versatile beach home, or a redevelopment opportunity in one of NSB’s most coveted coastal neighborhoods, this property offers exceptional value and potential. Properties of this size and location, combined with flood-free history and strong income projections, are increasingly rare.

Details

  • Property ID NS1087211
  • Price $965,000.00
  • Property Size 2248 sqft
  • Land Area 0.23 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1980
  • Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional,Trade,FHA,Private Financing Available,USDA Loan,VA Loan
  • Roof Metal
  • Utilities Electricity Connected,Public,Sewer Connected,Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Carpet,Tile
  • County Volusia
  • Property Type Residential Income
  • Pool Other
  • Elementary School Coronado Beach Elem
  • Middle School New Smyrna Beach Middl
  • High School New Smyrna Beach High
  • Community Features Park,Playground,Restaurant,Tennis Court(s),Street Lights

Mortgage Calculator

Walk Score

What's Nearby?

TRIAL_EXPIRED: Your Trial has expired. Please upgrade to continue using the service. Visit https://www.yelp.com/developers/v3/manage_app or email at fusion@yelp.com to explore options.

Schedule a Tour

Your information

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

Compare listings

Compare